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Stealth Alarms offers monthly alarm contract

 - 
05/01/2004

CALGARY, Alberta - Stealth Alarms, a full-service alarm provider throughout Canada, has announced the end of long term contracts to its alarm service and the beginning of a month-to-month contract.

The program will require customers to place a down payment, which Stealth Alarm president Brad Morrison expects to be approximately $200, an administrative fee that turns into a monitoring credit after one year.

Briefs

SSN Staff  - 
05/01/2004

AlarmForce announces record first quarter earnings
TORONTO - AlarmForce, a manufacturer and installer of home alarm systems, has announced that the company’s revenues for the quarter ending Jan. 31, 2004 increased $3.

Protection One pushing forward

SSN Staff  - 
05/01/2004

After the sale, it’s business as usual for alarm company

TOPEKA, Kan. - Industry watchers have been involved in heavy speculation regarding Protection One’s Chapter 11 status, especially after Standard & Poor’s Ratings Services recently lowered the company’s credit rating to CCC-.

ADS set to focus on growth

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04/01/2004

NASHVILLE, Tenn. - In a move designed to transfer more manpower on acquisitions, ADS Security has restructured its upper management team with the promotion of Ed Pedersen to senior vice president of branch operations.

BBB revokes Stealth Alarm’s membership

SSN Staff  - 
04/01/2004

CALGARY, Alberta - Stealth Alarms, a security company here, has had its membership revoked by the Better Business Bureau because of complaints.

One customer said she wasn’t being protected at all.

Briefs

SSN Staff  - 
04/01/2004

AlarmForce pre-tax earnings up
TORONTO - AlarmForce Industries, a manufacturer and installer of home alarm systems, has announced its pre-tax earnings rose 49 percent in 2003 versus 2002.

Joel Matlin, president and chief executive officer of the Toronto-based company, attributed the positive numbers to record-breaking growth and profit levels in 2003 along with an increased customer base.

Aegis relocates as home Theater demand rises

SSN Staff  - 
04/01/2004

LEESBURG, Va. - With business growth shifting to home theater systems, Aegis Technologies has moved its home base here to accommodate the addition of an audio and video showroom.

ADT’s dealer contract the focus of lawsuit

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04/01/2004

DENVER - Another lawsuit has been filed against ADT Security Systems charging that the company breached its contract with authorized dealers. The nationwide class-action lawsuit was filed on behalf of Advantek Pro, a former ADT authorized dealer.

Tyco may soon sell Sonitrol

Changes also in the works at ADT to improve overall profitability
 - 
03/01/2004

NEW YORK - According to a company executive, Tyco International’s Fire & Security division may soon shed its Sonitrol alarm monitoring unit.
Tyco Fire & Security President Dave Robinson made the announcement on Wednesday during a conference call at Tyco’s investor meeting here.

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